About ITEX Corporation Founded in 1982, and headquartered in Bellevue, Washington, ITEX is a leading marketplace for cashless businesses transactions across North America. ITEX processes transactions for thousands of businesses and its franchisees and licensees. Member businesses increase sales and open new markets by utilizing ITEX dollars to exchange goods and services, through ITEX's payment technology platform. Unique member benefits for increasing sales and reducing costs: ITEX dollars are used to buy and sell products and services among members instead of spending cash Record keeping services for expediting and simplifying the transaction process Access to "Trade Directors" in local regions for facilitating new businesses among members 24x7 online account access